$43 Trillion Lawsuit Against US Gov Officials & Banksters!

Now this will BLOW you away!

A racketeering lawsuit was filed in the U.S. against top U.S. government officials and the wall street banks!  It is for the tune of 43 TRILLION dollars!

What is even MORE shocking is this information is on CNBC!  Imagine that!

I have captured screen shots of the website, just in case the article gets taken down!  This way there is a record of it.  I am putting the shots in this post along with the information.  

You have to read the article... thousands of complaints have been served to bankers around the world and government officials!  This is HUGE!

The law firm that has brought this suit is the Spire group out of New York.  They have led many suits against the bankers!  They are AWESOME! 

One  small portion....  but the whole article from screen shots are below!  I got it all, as I said in case the article/information gets "disappeared" from the internet!

 Plaintiffs now establish the location of the $43 trillion ($43,000,000,000,000.00) of laundered money in a racketeering enterprise participated in by the following individuals (without limitation): Attorney General Holder acting in his individual capacity, Assistant Attorney General Tony West, the brother in law of Defendant California Attorney General Kamala Harris (both acting in their individual capacities), Jon Corzine (former New Jersey Governor), Robert Rubin (former Treasury Secretary and Bankster), Timothy Geitner, Treasury Secretary (acting in his individual capacity), Vikram Pandit (recently resigned and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a Senior White House Advisor), Anita Dunn (a former "communications director" for the Obama Administration), Robert Bauer (husband of Anita Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as well as the "Banksters" themselves, and their affiliates and conduits.

The lawsuit alleges serial violations of the United States Patriot Act, the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the United States, and the Racketeer Influenced and Corrupt Organizations Act (commonly known as the RICO statute) and other State and Federal laws.

 The complaint - which has now been fully served on thousands of the "Banksters and their Co-Conspirators" - makes it irrefutable that the epicenter of this laundering and racketeering enterprise has been and continues to be Wall Street and continues to involve the very "Banksters" located there who have repeatedly asked in the past to be "bailed out" and to be "bailed out" in the future.

Is B of A Defrauding Customers With Foreclosures

Can Bank of America foreclose on a homeowner without showing any evidence that their client actually owns the promissory note?

Can a Mortgage-Backed Security sue for damages after they have already been made whole through credit default swaps and a negotiated settlement with the originator of the security?

One Georgia couple is about to find out. They've filed a civil action against Bank of America claiming they were "induced" to default on their loan in order to qualify for a mortgage modification program, and that the bank is attempting to foreclose on them without showing that their client has any right to the debt owed on their home.

Like so many others in their situation, they followed instructions to the letter only to have Bank of America renege and commence foreclosure proceedings.

In early 2008, Jay and Beverly Fenello contacted Bank of America, the loan servicer at the time, informing them that they were experiencing financial distress, and inquired about options available to them including a mortgage modification, a short sale, and a deed in lieu of foreclosure.

Bank of America responded that no options or relief would be available until they missed at least two monthly payments. According to the complaint, Bank of America suggested that the Fenello's skip the next two payments, then contact them again to apply for relief under the new Home Affordable Modification Program (HAMP).


As instructed, they skipped the next two monthly payments and immediately contacted the bank. Instead of getting a prompt decision, as Bank of America asserted, and despite calling the bank multiple times per month, no decision was forthcoming.

After more than 15 months of attempting to work with Bank of America, after skipping contractual obligations on the advice of the bank, after submitting no less than 4 complete applications, after submitting many more supplementary documents, after calling the bank weekly/monthly, after being subjected to misinformation, harassment, and other forms of abuse, after coming within 24 hours of foreclosure, after asking for options including deed in lieu of foreclosure, a short sale, or a modification, they finally received a modification offer that would have more than doubled their original monthly payment.

The Fenellos turned down the bank’s “Special Forbearance Agreement,” indicating they would re-apply in 30 days. After a few more attempts to negotiate an agreement, Bank of America set a foreclosure sale date which spurred this legal action.

"We were so upset at this point, that we decided to file this lawsuit pro se (without an attorney)" said Jay Fenello. "We also decided to go public with our efforts, and in the activist tradition, set up the OccupyTheCourts.org and ProSeAction.org websites."

By setting a foreclosure date while the debt was in dispute, BoA blatantly violated the Fair Debt Collection Practices Act, § 809 (b) which states "If the consumer notifies the debt collector in writing within the thirty-day period … that the debt, or any portion thereof, is disputed …, the debt collector shall cease collection of the debt."

During this entire process the Fenellos discovered that bank of America knowingly and consistently misrepresented facts with the intent to defraud them. They learned that BoA was not the note holder, but was said to be still acting on behalf of the so-called note holder. And, perhaps most important, they realized that the bank cannot prove damages worthy of foreclosure.

The story of encouraging struggling homeowners to purposefully default with no genuine attempt to offer a work-out plan has become common in America's real estate crisis, and indicates clear fraud to ruin people's credit and obtain the physical asset of the home.

When Bank of America and the other defendants representing Wall Street banks attempted to produce the note, they showed the note created by the original local mortgage company who is not a defendant in the case. When that was disputed, the defendants provided a MERS-signed assignment of the security deed which had what appeared to be another fraudulent notary, a la robo-signature.

US Ready To Market 248,000 Foreclosed Homes

For sale or rent by distressed owner: 248,000 homes. That’s how many residential properties the U.S. government now has in its possession, the result of record numbers of people defaulting on government-backed mortgages. Washington is sitting on nearly a third of the nation’s 800,000 repossessed houses, making the U.S. taxpayer the largest owner of foreclosed properties. With even more homes moving toward default, Fannie Mae, Freddie Mac and the Federal Housing Administration are looking for a way to unload them without swamping the already depressed real estate market.

Trouble is, they haven’t figured out how to do that. The government admitted as much in August, when Fannie, Freddie and FHA issued a joint plea to the public for ideas about how to solve the problem. (Give it your best shot: You have until Sept. 15 to email ideas to reo.rfi@fhfa.gov.)

NOTE: You have to hand it to the Feds, utter balls to solicit ideas on how they might further profit from the rape of America. Many foreclosed homes are being sold in huge multi million dollar bundles to mutual fund investors at 80% discounts, Then when the type is right, these homes will be put on the market, which will impact non foreclosed homes.